British pharmaceutical giant AstraZeneca Plc said the U.S. Food and Drug Administration (FDA) cleared its orphan drug vandetanib to treat advanced cases of a thyroid cancer.
U.S. stocks pared earlier gains as energy companies’ shares declined after a higher-than-expected increase in petroleum inventories and Monsanto Co. shares declined as its revenue fell short of expectations.
The companies whose shares are actively trading in Wednesday's morning session include Orchid Cellmark, MSC Industrial, Nu Skin Enterprises, Clean Harbors and American Superconductor.
The companies whose shares are moving in pre-market trade on Tuesday are: Texas Instruments, Nvidia, Monsanto, Urban Outfitters, Broadcom, Corning, Freeport-McMoRan and Cephalon.
Oppenheimer has upgraded shares of Broadcom to outperform from perform citing strong growth profile, management's stated efforts to pursue profitable growth, a more disciplined operating expense and compensation strategy.
Genpact Ltd (NYSE: G), the outsourcing company spun off from General Electric Co., has agreed to acquire privately-held IT services provider Headstrong Corp. for $550 million in cash to expand its operations in the United States.
The top after-market NYSE gainers on Tuesday are: CVR Energy, Hudbay Minerals, Endeavour Silver, Exterran Holdings and CryoLife. The top after-market NYSE losers are: China Ming Yang Wind Power, Louisiana-Pacific, Kilroy Realty Corp, PulteGroup and Teradyne.
U.S. stocks ended mixed on Tuesday as weaker-than-expected ISM Services PMI report and hawkish Fed meeting minutes weighed on the sentiment.
Netflix Inc. (NASDAQ: NFLX) announced a multiyear syndication deal under which Lionsgate (NYSE: LGF) has licensed the first four seasons of its Emmy Award-winning series Mad Men to be watched instantly by Netflix members starting July 27.
The companies whose shares are actively trading in Tuesday's morning session include National Semiconductor, Apple, Questcor, Cubist, Intersil, Diamond Foods, Cree and Teekay LNG.
Companies today are not effectively executing against strategy and the business leaders know it, with 80 percent recognizing that they are not doing their best to communicate strategy through the organization, let alone execute against it, according to new research commissioned by SuccessFactors, Inc. (NASDAQ: SFSF), and Accenture (NYSE: ACN).
The companies whose shares are moving in pre-market trade on Tuesday are: National Semiconductor, Nvidia, Advanced Micro Devices, Microsoft, Analog Devices, Texas Instruments, H & R Block and Pultegroup.
Texas Instruments agreed to buy National Semiconductor, a deal that combines two industry leaders in analog semiconductors.
Jefferies & Co. expects that shares of Calix, Inc. (NYSE: CALX) will sell off modestly on Tuesday as investors contemplate another round of very conservative guidance from the company. The brokerage reiterated its buy rating on shares of Calix, while increasing its price target to $24.50 from $16.
U.S. stocks ended mixed on Monday as gains from materials and health care sector shares were offset by declines from technology and financials.
U.S. stocks advanced in early trade on Monday as investors looked to extend a two-week winning streak in the major indexes.
Pfizer Inc. (NYSE: PFE) said it agreed to sell its Capsugel business, a maker of hard capsules, to private equity firm Kohlberg Kravis Robert & Co. for $2.375 billion in cash.
Pfizer Inc. (NYSE: PFE) said on Monday it has received a Refusal-to-File letter from the United States Food and Drug Administration (FDA) for tafamidis, the company’s oral investigational compound for patients with Transthyretin Familial Amyloid Polyneuropathy (TTR-FAP).
The companies whose shares are actively trading in Friday's morning session include Bank of Ireland, Alexander & Baldwin, NYSE Euronext, SRA International, Logitech International, Office Depot, Ascent Solar and Omeros.
U.S. stocks advanced in early trade on Friday following better-than-expected monthly non-farm payrolls and unemployment data.
The amount of competitive new launches near-term is making it a little bit tougher for Motorola Mobility, especially for its Xoom tablet.
The top pre-market NASDAQ Stock Market gainers are: Golar LNG, Star Scientific, Ebix, Sino Clean Energy, and AEterna Zentaris. The top pre-market NASDAQ Stock Market losers are: Omeros, Atrinsic, Logitech International, Ascent Solar Technologies, Xyratex, and Nasdaq OMX Group.